Posted on 05/22/2013 11:53:05 AM PDT by tobyhill
The good news is health care costs are going up more slowly. The bad news is that families continue to see larger medical bills.
The typical cost to cover a family of four now exceeds $22,000, including the amount paid in insurance premiums and out-of-pocket costs, according to the latest Milliman Medical Index for 2013. Milliman, an actuarial and benefits consultant, puts the cost at slightly less than the amount a family might pay to send a child to an in-state public college for a year.
This years increase over last was only 6.3 percent, according to the analysis from Milliman, having dropped steadily from the 7.8 increase it calculated for the year-over-year increase in 2010. But the total dollar increase is about $1,300, and families are paying several thousand dollars more than they were just a few years ago, increasing more than $5,000 since 2009. The dollar amount is still significant, said Chris Girod, an actuarial expert for Milliman.
(Excerpt) Read more at bucks.blogs.nytimes.com ...
Medical costs are rising even with ObamaCare’s coverage of more frivolous procedures and more people, including illegals? That’s unexpected!
Just wait until its free....
Costs going up at a slightly slower rate will be touted by Obungzero as “costs decrease”.
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